Mantra Data Centers signs MoUs with Indian State Governments of Maharashtra, Tamil Nadu and Karnataka for development of Data Centers in Mumbai, Chennai and Bangalore.
MUMBAI, India, Aug. 3, 2021 /PRNewswire/ -- Mantra Data Centers ("MDC"), an independent data center platform and wholesale colocation provider has announced significant investment plans across India.
MDC will design, build and operate state-of-the-art Data Center facilities with an initial IT load of 20MW in each of the key data hubs: Mumbai, NCR (Delhi), Chennai, Bangalore, Hyderabad and Kolkata.
The total addressable Indian Data Center market is estimated to surpass $8.5 Billion by 2023 with an increasing share of third party DCs (from ~45% in FY18 to ~62% in FY23).
Global investment in Data Centers announced in the first half of 2021 has escalated to approximately $100 Billion with India benefiting as the largest single market outside the USA, in a report by Headwind Consultants.
"MDC is very well positioned for success in this growing market, with a strong management team, green sourced energy, 1st in class stakeholders, on-time delivery and the right locations to create a network of Tier III & IV Data Centers across India," commented Mr Jaan M. Chainani, Co-Founder & Managing Director. "Our aim is to help our customers grow seamlessly in the midst of the digitalization of India."
With a population of over 1.3 Billion, India's digital growth has been fuelled by digitisation programmes by the Government, internet penetration, increased adoption of cloud, IoT, growing use cases for Augmented / Virtual Reality and Artificial Intelligence and the roll out of 5G.
The Data Residency Bill is expected to impact E-Commerce, Social Media & BFSI companies as data will need to be stored locally, spurring further Data Center Investments into India.
About Mantra Data Centers
Mantra Data Centers offers Wholesale Tailor-Made Colocation Services focused on the Indian market. Mantra Data Centers offer physical infrastructure to be Tier III & IV certified powered by green energy, delivering reliability, security, modularity and designed for faster deployment and cost efficiency to meet immediate needs and also permitting future scalability.
Contact: info@mantradatacenters.com
